2Grants and Agreements12012-01-012012-01-01falsePurpose.225.5Section 225.5Grants and AgreementsOffice of Management and Budget Guidance for Grants and AgreementsOFFICE OF MANAGEMENT AND BUDGET CIRCULARS AND GUIDANCEReservedCOST PRINCIPLES FOR STATE, LOCAL, AND INDIAN TRIBAL GOVERNMENTS (OMB CIRCULAR A-87)§ 225.5Purpose.

This part establishes principles and standards for determining costs for Federal awards carried out through grants, cost reimbursement contracts, and other agreements with State and local governments and federally-recognized Indian tribal governments (governmental units).